GALA/USDT – 30M – BUYThe currency pair Gala/Tether (GALA/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance line at 0.00761 is considered certain.
Caution: A possible change in the direction of the support level at 0.0072 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0079 |
| 2nd High | 0.00768 |
| Next High | 0.00761 |
| Current Price | 0.007290000 |
| Next Low | 0.0072 |
| 2nd Low | 0.00624 |
| 3rd Low | 0.00582 |
0.00761 – 0.00768 – 0.0079 – 0.0072 – 0.00734 – 0.00722 — 47.536492793174 – 50.485071225768 — 39.81985516486 – 70.271375816018 – 20.102965849665 – 42.507374564995
Trading Signals: CRYPTO – GALA – GALA/USDT – USDT – Northern Doji – Triple top chart pattern – –